275 Island Shore Boulevard

Property Overview: 275 Island Shore Boulevard

Key Characteristics & Buyer Profile

This bi-level home at 275 Island Shore Boulevard in Island Lakes is defined by its compact and efficient footprint. With 842 sqft of living space, it is notably smaller than most homes on its street and in the neighbourhood, placing it in the bottom percentile for size. However, it features a renovated basement, adding functional space. The home was built in 1987 and sits on a roughly 4,726 sqft lot, which is typical for the street but smaller than the Island Lakes average.

Its primary appeal lies in being an accessible entry point into the established Island Lakes community. The significantly below-average assessed value (approximately $34,100) translates to lower property taxes, which is a major financial advantage. This presents a clear value proposition: ownership in a desirable neighbourhood without the typical price tag, ideal for those who prioritize location and fiscal efficiency over square footage.

This property would best suit first-time buyers, downsizers, or investors seeking a low-cost holding in a stable area. It’s for pragmatic buyers who see the potential in a renovated basement and a manageable lot, and who are comfortable with a cozy living space. A less obvious perspective is its appeal to a buyer viewing it as a long-term "land bank"—securing a position in the neighbourhood with the option to significantly upgrade or rebuild the structure in the future.

Frequently Asked Questions

1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based primarily on the home's relatively small size and its value compared to other properties on the same street and in Island Lakes. It reflects the home's specific market position rather than the city-wide average, which includes many larger, higher-value homes.

2. Is the living area of 842 sqft including the renovated basement?
No. The listed living area of 842 sqft typically refers to the above-ground living space. The renovated basement provides additional functional space but is often not included in the official square footage calculation for the main living area.

3. What does the "Top 99%" ranking for living area mean?
This statistic means that, compared to other homes on Island Shore Boulevard, this home's living area is in the bottom 1%—or the 76th smallest out of 77 homes. It is a quantitative illustration that this is one of the most compact homes on the street.

4. How recent was the basement renovation, and what does it include?
The provided details confirm the basement is renovated but do not specify the date or scope. This is a key question for a viewing or to ask the listing agent, as it determines the condition and usability of that additional space.

5. The sold price history shows a range. How can I find the exact price it last sold for?
The exact sold price is not publicly displayed in this data. As noted, you can request it directly via email from the source, which manually provides this information without using your email for unsolicited marketing.